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Market News
October 4, 2021
Grab Raises Stake in Indonesia’s Ovo to 90%, Buys Out Tokopedia
Grab Holdings Inc. is boosting its ownership of the Indonesian mobile wallet provider Ovo to about 90% by acquiring stakes from PT Tokopedia and...
October 4, 2021
Brexit Winter, Christmas Risk, Nordic’s Tax-the-Rich: Eco Day
Welcome to Monday, Europe. Here’s the latest news and analysis from Bloomberg Economics to help you start the day:
October 4, 2021
Hopson’s Chu May Become Latest Tycoon to Bolster Evergrande
Another billionaire tycoon appears poised to come to the aid of embattled developer China Evergrande Group.
October 4, 2021
Behind the Crypto Broker Accused of Enabling Ransomware Hackers
(Bloomberg) – A cryptocurrency broker that the Biden administration considers a key cog in the recent ransomware epidemic is legally registered in...
October 4, 2021
Spanish Premier’s Plans Could Hinge on Catalan Extradition Case
Carles Puigdemont, who has been a fugitive from Spain since his role in 2017’s failed push for Catalan independence, faces an extradition hearing...
October 4, 2021
Bezos Makes First-Ever Investment in Southeast Asia’s E-Commerce
Amazon founder Jeff Bezos participated in a $87 million Series B funding for Indonesian startup Ula, marking his first-ever investment in Southeast...
October 4, 2021
Merck’s Covid Pill Progress Sparks Asian Vaccine Stock Selloff
Makers of vaccines and other coronavirus treatments dropped in Asia after Merck & Co. said its experimental pill cuts the risk of hospitalization...
October 4, 2021
Singapore Eyes More Vaccinated Travel Lanes in Cautious Reopen
Singapore is looking to launch new vaccinated travel lanes by the end of the year and is in negotiations with several countries including those in...
October 4, 2021
Here Are the Biggest Revelations From the Pandora Papers Leak
An unprecedented leak of financial records known as the Pandora Papers has revealed the offshore financial assets of dozens of current and former...
October 4, 2021